Obama promises no "heavy-handed" regulation

11/17/2008 | MarketWatch

President-elect Barack Obama assured Wall Street that he will strive for a balance between entrepreneurship and regulation. He said on CBS News' "60 Minutes" that the financial-service industry does not need to fear "heavy-handed" regulation. Obama said it is his top priority to restore "a sense of trust and openness" on Wall Street.

View Full Article in:


Published in Brief: